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announcer ] with stamps.com, you can print real u.s. stage for all your letters and packages. it gives you the exact amount of postage youeed the instant you ne it. can you print only stas? no. first class. priority mai certified. international. and the mailman picks it up. i don't leave the shop anymore. [ male announcer ] get a 4-week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >> monday, december 3rd he and hold on to your wallet. the tax man is coming and he wants to tax everything. there's a long list of everything where the left wants to raise the tax take as of now, monday morning, centers on tax hikes, not spending cuts and certainly not entitlement reform. first to secretary geithner to him and the president, it's all about pushing the republicans to accept tax hikes. >> you know, i can't promise that. that's a decision that lies in the hands of republicans that are now opposing increase in tax rates. if they recognize the reality that we can't afford to extend those tax rates then we have the basis f
that u.s. lawmakers will have a deal. we are kind of to the downside. with that, i will send it back to you guys. dagen: what can we expect volume to look like? >> typically, any traders take the week off. a couple of days off. you have a lower volume. yesterday, there was a lot of conviction. volume was up considerably based on the one-week average. it has been a little bit better than usual. dagen: thank you so much, lauren. we will give people comments when they start. the white house saying president obama will veto the gop's plan b for the fiscal cliff saying it does not meet balance. douglas holtz aiken, former director of the budget office, joining us with more. if not now, then when the heck? >> hopefully by december 31. i think it is very important for us to avoid going over the fiscal cliff. all bad news for americans. you like to think that they are getting closer to gather. the fact that the white house rejected a plan b is not good. dagen: $1 trillion raised in revenue by congressman boehner's plan. that is pretty close, is it not remark it is true that the numbers have
fascianista and mentor about to get a major promotion from the president? is she qualified to be a u.s. ambassador and run an embassy? we ask you ladies and gentlemenn of the jury. >> brian: she would be best dressed. fired for being a man. bell ringer was silenced because the girls bring in more christmas cash. is that true? "fox and friends" starts right now. ♪ >> steve: welcome aboard, folks. live from studio e. brian has a lot of friend exercise family members that watch the program. call him throughout the program today, because unbeknowns to you. prian cell phone has fallen through a hole of the jacket pocket and stuck in the lining. >> brian: it dropped through the lining and a secret passage. >> gretchen: give me that coat. >> brian: this is how i function. >> gretchen: somebody get scissors . i can feel the calls coming through. >> brian: there we go. hole in the pocket but i didn't know this big. no, you just. ♪ there is a hole in the pocket. >> brian: i am going to lose it >> gretchen: you have scissors. >> steve: oh, don't. >> gretchen: double scissors. >> steve: you ca
holidays. >> thank you for joining us. have a great day, everybody. >> an nra showdown. they stand firm saying it would be crazy not to put armed guards in every school. some lawmakers accuse the nra from shooting from the hip. a christmas homecoming. after months being chained to a bed a veteran marine is coming home for the we will hear from his relieved mother. and a holiday forecast. triple-a predicts 93 million americans are making their way over the river and through the woods. we have your travel and weather forecast. all of that and do you remember the peanuts cartoon happiness is a warm puppy? we will have warm puppies in our studio. hopefully they are house-trained. "america's news headquarters" live from the nation's capital starts now. >>> early this week the national rifle association broke its silence on the tragedy at sandy hook. i think the best way to prevent a future masacre is to put armed guards in schools. this morning the nra showed no signs of backing down from that idea. peter doosey is here with the story. >> that's right, doug. the national rifle associati
christmas carol" god bless us every one. good night. >> sean: thank you for being with us. merry christmas and happy new years to you and yours. and have a grererererere >> alisyn: good morning, everyone. it is saturday, december 22nd. i'm alisyn camerota. he fought to protect our country. john hammar spent the last several months in a mexican cell jand to it a bed. >> job has been rotting in that cell since august. >> that retired marine is now safely back on american soil just in time for christmas. we have the new video into our newsroom we will show you. >> and with no deal in place to prevent the looming fiscal cliff, president obama says goodbye dc. aloha, hawaii. >> smart move. >> good call. good swap. is it really time to cool off and drink some eggnog? cool off in hawaii? or is it grudge time? [ laughter ] warm up wheel of fortune may be a misforeign. i would like to solve. >> seven swans aswimming. >> military woman uses it all because she forgot to pronounce the g instead of swimmen it's swimming. >> that is ridiculous. >> send us emails and tweets on that one. >> it's have a va
? >> all right. have we not been lulled into -- you know, anything bernanke does now doesn't shock us or surprise us. isn't this extraordinary? >> you know, a few years ago, there were all kinds of things that i would v never happened. now if people ask me if such and such is possible, i say anything is possible. >> one of the things that i did think immediately yesterday was ben bernanke may not have this job in two years, right? people talk about that. he may decide he doesn't want to do it. >> he was asked about it. >> but he may ultimately be locked in. he may be locking in his successor and his successor after that into this type of thinking and this type of program. how hard is it to get out of this later? >> it is going to be extremely hard to get out of this, regardless of who the leader is, because, again, it is now -- you know, this is no longer an extraordinary measure. you did this during the emergency and then it's time to get out. now we're -- you know, we're in a bit of a quasi equilibrium here and this is how we're running monetary policy now. so to now being doing a r
, roger altman and barry knapp. we have thorsten heins joining us, as well. >> our big story of the morning, it could be a tense days for the markets as the resolution to the physical cliff appears less likely. we can see the futures opening at least 150 off if things keep up the way they are. house speaker john boehner failing to mount enough support for his plan b that would raise taxes only on families earning more than $1 million. the president vowing he will press ahead with congress to get a deal done. >> he wasn't going to do it, anyway. what does he mean it will press ahead? >> i don't know. >> because it wasn't going to go to the senate. >> but to me, the demonstration that boehner didn't have the support -- you thought boehner never had the support for this plan? >> no. i'm saying boehner didn't have support to do it even at a million -- >> which suggests to me what kind of rationale -- >> because maybe the house wanted some actually spending cuts. after giving in on tax breaks, they didn't go -- >> we always wondered if boehner can deliver the right. i wonder if th
is like treats. >> send us your card and photos. go to fox friends first at fox news.com. that will do it for us. have a great day, folks. "fox and friends" starts right now, bye. >> gretchen: good morning, everybody. it is wednesday december 5th. i am gretchen carlson. with the white house and congress on the fiscal cliff. hear the new proposal from congressman paul ryan and senator mark rubio. >> steve: will he work with the liberal media. president obama extends extra special invites for sit down with liberal gabbers. >> brian: he is one of america's favorite coach. his career almost ended early and fans had no idea. the coach revealed something for the very first time. by the way. "fox and friends" starts now. ♪ ♪ "fox and friends". >> steve: you must be conflicted today. >> brian: in what way? >> steve: we have coach k on and any time we have peitro, the super model who has been a friend of your manies, many years. >> brian: i am looking forward to nick rangon. >> gretchen: you will have to duke me out for it then. >> brian: you start with him in 10 minutes. >> gretchen: you w
:00 p.m., first responders benefited on long beach island. make sure you join us on monday. "squawk on the street" is next. >>> good friday morning. welcome to "squawk on the street." live at the nyse. a blowout session in shanghai overnight. best single day gain in more than three years on a pretty decent pmi. europe has also been a blend of red and green as the ft names ecb chief the person of the year. we're going to kick off with breaking news. for that would, we go to david faber. >> news on best buy, in the news yesterday. the stock up sharply. what we can tell you right now is the board of directors of best buy, and its founder, richard schultz, has been trying to put together a group to essentially buy the company in a go private transaction, have extended the deadline in which he would need to come with a bid for best buy and created a window in fact that will begin on february 1st next year and end with the end of that month on february the 28th. giving schultz the opportunity to look at not just christmas sales, but the end of their fiscal year, which will end at best buy
you, guys, these are the guys behind the scenes helping us to get on the air every single morning at 5:00 a.m. . matt. he's look at his picture. they are fantastic crew and thank you for making the show possible and thanks to you, merry christmas to you. have a good one. we appreciate you watching. see you soon. >> it is monday and christmas eve everyone. are you getting into the spirit. i am gretchen carlson, thanks for sharing your time today. a merry merry christmas. americans get ready to celebrate one thing remains certain congress is far apart to avoid a deal. >> will it be a white or wet christmas? >> weather causing concerns for travelers . causing shipping delays. why one major shipping company said the gift may not show up until after the holiday. >> i am one of those people . who is the most dreaded guest of all . new survey said one family most people don't want at the christmas table. let us know your thoughts. "fox and friends" begins right now. >> this is scotty knox, you are watching "fox and friends", happy holidays, what? i am the only one? >> that's how we talk aroun
. people's lives and jobs and retirement funds. >> thank you for being with us this morning. dave, you are headed to washington. let us know what's happening. >> he's going to fix it. >> we're going to have pizza. >> make sure you join us tomorrow. "squawk on the street" is next. ♪ >>> led zeppelin to wash away monday blues. congrats to the band for winning kennedy center honors last night. welcome to "squawk on the street." i'm carl quintanilla along with jim cramer, david faber live at nyse. melissa will join us in the next hour. we're kicking off the month of december with strength. anticipating good auto numbers today. greece unveiling that $10 billion eurobond buyback. a 52-week high in france and germany. our road map this morning begins in washington where fiscal cliff negotiations according to the "times" has "collapsed." at least for now. with less than a month until the deadline, who blinks first if anyone? >> goldman takes dell from a strength to a buy. is it time to look at the stock and maybe even other players in the beat up personal computer sector? >> manufacturing da
at the economy, the looming fiscal cliff. my partner, tyler mathisen kicks it off for us at the new york stock exchange. >> thank you very much. it is a quiet day down here at the new york stock exchange where the major averages are not really doing very much at this hour. let's take a look. the industrials are down 7 2/3 points at 13,163. nasdaq a little bit lower also in percentage terms. also a percentage at 29891.48. 2 3/4 right now at 1416.74. it would appear the markets are watchfully waiting to see what comes out of washington, if anything. of course, mr. boehner has gone back to his home in ohio for the weekend. the president is on duty at the white house. there are phones, as mr. boehner said, in southern ohio where he lives. if there are any developments, the two gentlemen certainly will be able to get in touch with one another. meantime, there are some individual stock stories of interest at this hour. and one of them concerns facebook. be a facebook lockup expires today and 150 million shares will open up on the market. the last time we had a lockup expiration many expected to see
losses this almost four years. u.s. equity futures, though, not too bad so far today. indicated up about 15 points. today is thursday, december 6th, penultimate day before the day of infamy. "squawk box" begins right now. >> welcome to "squawk box." i'm becky quick along with joe kernen. andrew ross sorkin is on vacation this week. onset with us is drew mattis. welcome. thanks for getting up early. >> i'm always up at this time. >> we'll be going through secretary geithner's comments, but first let's get you up to speed on other stories. joe was talking about apple. it has been a rough ten weeks for the most valuable u.s. company. shares tumbling more than 6% yesterday shedding $35 billion of market value. among the reasons cited by analysts, a forecast by an influential research firm suggesting that the iphone and ipad maker is continuing to give up ground it rival the android gadgets. there were also unconfirmed reports that at least one major stock clearing house was raising margin requirements. and then there's the fiscal cliff. analysts citing fears about a hike in capital gains tax
, as tragic as it is, brings us a little closer together both in the nation and in washington, that would be a good thing. >> all right. top of the hour. good morning. 6:00 on the east coast, it's wednesday, december 19th. christmas is almost here. >> very respectful dialogue. the nra had a respectful statement. i think a lot of people showing respect on this. >> feel something may be be happening. >> feel some grown-ups, maybe. there are, of course, exceptions. >> there are a few. we have mike barnicle with us. you're not an exception. beautiful piece in "the daily news" today. we'll read that in must read. thank you very much. former treasury officials. mark ratner is with us as well. he has a must read. i'm serious. >> beautiful. >> also in washington, washington anchor for "bbc world news america" katty kay. >> no pieces, sorry. >> you'll write one next time. thank you. so we've got a lot to get to this morning. >> a lot to talk about today. >> those exceptions, what are you talking about? >> just in the conversation about everything you thought there were two exceptions. >> rick perr
really pushing some new recent highs. that is something that pushed us along in the last couple days. lori: a showdown in washington. sparring over a dead deal. it does not look like either party is ready to budge. where are we now, rich we are still in the middle of a work in progress. that could be a little bit of an understatement. democrats say they want a commitment from her republicans. basically, we are in the same spot. here we are at the 11th hour and the president still is not. about dealing with this issue right here. it is this issue. spending. >> the public posturing continues. there is a questioning today about whether or not we get to the point where tax rates are ready to increase on nearly every taxpaying american. the speaker would not comment. back to you. lori: so frustrating. rich edson, thank you so much for that update. lori: we will be on pins and needles for a while. the voters are sending mixed signals. voters think the best way to deal with the countries deficit problem is mostly with cuts and government spending. majorities say major spending cuts are nece
and tweet them to us at fox friends first and e-mail us. it is fun to see the old pictures. that was clearly an '80's shot . the perms we all wore, too. >> we thought we looked fine. >> have a great day, folks. "fox and friends" starts right now. ♪ >> gretchen: you think they could can have come up with a better way for the perms to smell though, ladies, they stuck. good morning, it is thursday december sixth 2012. i am gretchen carlson. hold the phone. president and speaker hold a fiscal cliff call. there is a problem, the white house doesn't want to budge. >> we face no agreement that doesn't involve the rates going up on the top two percent. >> gretchen: so is it really progress or a stand still. >> steve: meanwhile the reverend behind this nativity scene. live pictures and he has a message from the federal government. merry christmas, government. you are not the real savior. the reverend joins us live this christmas season. >> brian: super storm sandy couldn't wipe out his home but something else did. >> she said to me. are you sure your house is gone. you misplace a pen and pencil but
. >> that is it for us. fox and friends starts right now. >> gretchen: good morning,erving. today is tuesday, december 18th and this is it a camera run. hey, everyone. i am gretchen carlson. >> two more tiny victims laid to rest today as fellow students take on the difficult task of returning to class . we are live with the latest for you. >> steve: we are also getting to know the victims of the horrible tragedy like the hero teacher who stopped at nothing to save her children's lives. >> brian: we are getting a first look at the marine locked nup mexico. he's chained to the bed all for having a legal gun. mexican authorities say it is good treatment. we disagree. fox and friends starts right now. ♪ fox and friends. >> gretchen: good morning and thanks for sharing your time with us today on tuesday . this is the second day of goodbyes in newtown, connecticut as two more young victims of the horrible massacre are laid to rest. we'll go out to peter doocy, he will talk about james, who is called jay. he was a numbers guy and the other is jessica reko who loved everything about horses and playing with he
, they are practicing the ho, ho, hos. tweet us the card and photos and e-mail them to us as well. a lot of the time people can photoshop and take a bunch of them and easy to put the card and you can do that. >>> and thanks again, guys. "fox and friends" starts now. >> gretchen: good morning everybody. today is thursday. i am gretchen carlson and thanks for sharing your time today. brand new information on the newtown killer's final days what was he plan where was his mom in the final days? >> steve: meanwhile the fiscal cliff is bigger, not only with your taxes go up. you might not get a tax refund check even if you are owed money. >> brian: lawmakers will not let that fiscal cliff get in the way of movie night. did the break, did they watch here comes on -- we are live in dc, "fox and friends" starts now. ♪ "fox and friends". >> gretchen: they had movie night? >> steve: yeah. on lincoln. >> brian: most overerated movie of the year. >> steve: not since mr. smith went to washington has the movie inspired the senate. harry reid rled it out. it is the end of the year. >> brian: it was incredible to
and thanks for sharing your time with us today on tuesday . this is the second day of goodbyes in newtown, connecticut as two more young victims of the horrible massacre are laid to rest. we'll go out to peter doocy, he will talk about james, who is called jay. he was a numbers guy and the other is jessica reko who loved everything about horses and playing with her brothers. other newtown schools will head back to school. and we'll hear more on what led to the shooting. hi, peter. >> gretchen, last night i was walking around and the streets are packed with people milling about in complete silence. the only noise you hear are cars and trucks passing by . yesterday, several of those trucks were moving trucks complete with their own police escort taking the furniture from inside of sandy hook over to mono, ron monroe to chalk hill middle school which is where students displaced by the awful tragedy will go back to class when the district decides that the time is right. >> the sandy hook school furniture is going to be move out and so it will be age and height and wait appropriate. but the he
are not the real savior. the reverend joins us live this christmas season. >> brian: super storm sandy couldn't wipe out his home but something else did. >> she said to me. are you sure your house is gone. you misplace a pen and pencil but not a house. >> gretchen: how the entire house vanished. "fox and friends" starts right now. ♪ ♪ "fox and friends". >> steve: a house is something that is not easy to misplace. if you leave it there, you come back and it is there. >> gretchen: you hope that happens. we'll fill you in on the details. in the meantime what happen in a phone call. a lot can happen, right. you can get in fights and agreements and compromise. hum, i am not so sure that happened in the phone call between speaker of the house john boehner and president of the united states, barack obama. did they come to a conclusion. it is now the president's turn. >> brian: it is a week since the president and speaker talked. i do not know at of this moment who called who. >> steve: we know no details. >> brian: it is good there is no details. i just talked to the president and he's not liste
on specific spending cuts. joining us now for analysis, tony fratto, of hamilton place strategies and former white house press secretary and gerald bernstein former economic adviser to vice president joe biden. gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about this. jared, it seems like things have gotten quieter. do you think that's the case? is that a good sign? >> i think it's probably a pretty good sign. if you look at this morning's papers, you see a number of articles suggesting that there's a bit more compromise in the air. my concern is that tomorrow's papers may say the opposite. so interestingly, there's been some pretty leak free discussions going on, which i actually think is a good thing. they're obviously big, outstanding questions. you mentioned the tax rate issue. one question i keep coming up against is the president and john boehner are now supposedly having good, substantive discussions. can boehner bring the troops along? if he agrees with the president, ca
he s. >> steve: shawn [-fls] shopping in the mall when they heard the gunshots and they join us live from portland. thank you for joining us. >> thank you for having us. >> steve: shawn you and your girlfriend and ryan had just sat down in the food court and made a purchase at panda express and opened a fortune cookie that said what? >> i opened my fortune cookie that said live for today and remember yesterday and live for tomorrow. >> steve: that's when you heard what? >> i heard the first pop. >> gretchen: what did you think it [-fls]? >> at first i thought member dropped something heavy until the second and third pop and i knew it was a gunshot and i dropped on the ground. >> brian: brian when did you figure out what was happening. >> i was oud of panda express and pretty much all i remember is a big laud bang and then the next thing i know, i blacked out and i was on the ground. >> steve: shawn, i know you work as a security guard, not at that particular mall though. how many gunshots did you think you heard and did you hear the shooter hear him yell anything? >> yes, i did. i he
with us. >> thank you for having me. >> that does it for us today. join us tomorrow. right now it's time for "squawk on the street." >> good tuesday morning. i'm carl with melissa lee, david faber, live from the new york stock exchange. jim cramer is on assignment today. well, are we getting close to a fiscal cliff deal or not. futures are up and the dow gained 100 yesterday. but there is room for skepticism. europe's grappling with the same question helped by some decent uk inflation data today. and a t-bill auction in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperf
next guest. alex sharpton is with us. it is good to have you. the significance you think of an fha bailout, if it comes to that. >> i do not think it will be ruled out. we probably will have some type of popping off of the fha. if you look at where we stand right now, as an economy, we have a very modest recovery. it is most likely going to happen. connell: the significance of it is, in your mind, what? >> what needs to happen is we need to take note that we are subsidizing the fha again. while the fha is great for lower income borrowers, we are still allowing people to buy properties where they want after they post on the property, they are upside down on our property. that is where we need to be cautious. connell: we talk about it all the time, the housing numbers that are showing improvement. if people are only putting down, you know, the 3.5%, are we getting ourselves into a similar hole to the ones we are trying to dig ourseeves out of? >> unfortunately, we may have. the loans that the fha have increased in the past ten years, has increased tenfold. when you look at that type
. the reign - reindeer and sleigh had a day off. >> tweet them to us at folks friends first at fox news.com. we'll show them every day until christmas. "fox and friends" starts right now. ♪ >> gretchen: good morning, everyone. i hope you had a wonderful weekend. today is monday december 10th. i am gretchen carlson. thanks for sharing your time. a co10 team member killed this morning rescuing a doctor who was in afghanistan. >> they pranked kate middleton's hospital and the nurse that put them through is now dead. the dee jay break their silence. >> nothing can make me feel worse. we are so sorry this happened to them. >> more from the pair straight ahead on monday. >> he's cursed the united states and now psy is performing at the white house. should the president have pulled the plug on this character? "fox and friends" starts right now. ♪ ♪ "fox and friends". >> steve: welcome to studio e and ho, ho, ho. the elves has been here and it looks like christmas. >> gretchen: i can't believe you went shop wrapping all of the gifts. you have so many skills i was not aware of >> chris: th
to the factor. thanks for watching us tonight. i am bill o'reilly. please always remember that the spin stops right here because we are definitely looking out for you. [yelling] >> sean: welcome to "hannity." twisted and dark soul of liberalism. the republicans' state legislature. workers will no longer be required to pay union fees as a condition of employment. as a result, more jobs are probably going to come to michigan. as a result, this modest, very reasonable growth-oriented law, organized labor has gone insane and now resorted to violence, which is perfectly predictable since as the national review puts it, is so well organized, it's labor's business model to mechanically, well, identify and use extortion. it is in the name of the extortionist trade to resort to violence when they are frustrated. fox news contributor was beaten by a mob, having been punched repeatedly in the face. protesters wielding knives for the conservative group, americans for prosperity, housing women and children and old people and bystanders and they were ruffed up. a democratic legislature declared on the floo
again. >> we got to thank these guys. join us tomorrow. squawk on the street is next. >>> take a look at how we are setting up on this thursday session, the day after the federal reserve decision. a lot of economic data out this morning, jobless claims coming in better than expected. core ppi in line with consensus. retail sales light. as for the picture in europe, take a look there. really following the cues of the u.s. markets this morning. our road map today starts with the fed announcing a new round of stimulus as chairman ber bernanke warps the fiscal cliff is hurting growth. house speaker john boehner expected to talk on the cliff talks 11 a.m. eastern time. >> told you this week, of course, they were talking actively, now, sprint/nextel offering to purchase the other half of clearwire it doesn't own. >> surges of best buy surging on reports that the founder is on the verge of making a formal takeover bid. >> and google maps has found its way back into apple's operating system. >> of course, we have to start off with the markets. dow's five-day winning streak has been snapped, d
, a u.s. investigation finds more evidence about how walmart used payoffs allegedly in mexico to advance its gold down there. it's tuesday, december 18th, 2012. "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. our guest host this hour is julia sed. fiscal cliff negotiations, our top story. now president obama is proposing leaving lower tax rates in place for everyone except those earning $400,000 and above. that's above the $250,000 threshold that the president has been demanding for months, but it is still far from speaker john boehner's request of $1 million. a source familiar with the talk says this is by no means the final offer for the white house. the move by the president was welcomed, albeit with some reservations. we will talk about the latest developments in just a few minutes. in the meantime, the global markets seem to be taking note of the optimism. you can see right now that those dow futures are up by 54 points. this comes after a decent rally for the markets yeste
in the business of propping up home ownership. it gets us in trump. the organizations have gone in and out of quasi governmental status and there is not a lot of accountability. if the organizations were the books of the u.s. government it uld make us look like greece tomorrow. instead, they are in like netherland so stuff like this happens. >> we're beginning to look like greece right now. butome things have improved. prices have gone up but that is supply and demand issue. supply is way down so delinquency rights are still very high. >> this is biggest government stimulus program of all. people forget, this stimulus, five trillion bucks. the president is rallying about fat cat bay but they were exempt from dodd-frank. they basically dominate the mark 90% of the mortgage market. they've got government backing. they don't have to compete. they don't have to out perform. they make more money than the government overseer, that is doing their job. you have directors there making millions of dollars. we should have reined them in long time ago. >> there was a ignite named franklin rains, he ma
see your doctor, and for a 30-day free trial, go to axiron.com. >>> final trades, kick us off. >> i love the way that the gas is trading. i like emn. >> i'm going contrary here. xrt. >> long yum. >> fxi, china on the long side. >> that does it for us. catch the documentary tonight, behind closed doors at mariott, start at okay. >>> "halftime" is over. second half of the trading day starts now. >> absolutely. spend the night in a hotel with scott walker tonight at 9:00. ats he froo free. fed leaving interest rates the same but that's not the news. there is a new bond buying program and making an historic move keeping interest rates down low so long as unemployment rates stays above 6.5%. tying the rate it an economic trigger. an date. fed chief bernanke gearing up in about an hour's time. apple moving into your living room. yes, sir. tech tightian reportedly closer to testing several tv set designs. will it be the game-changer that so many have been waiting on? and you heard it here on cnbc. j.p. morgan's jamie dimon. taking about the fiscal cliff. do they expect a deal? their take o
is the number of ambulances you will require? >> they're not giving us a number. >> sandy hook and ladder, medical emergency. >> good morning, everyone. we appreciate you joining us on this very sad morning. it's great to have steve and brian here with me. it's a terrible morning but we do have more information to impart to you and some people want to know how this could happen in newtown connecticut and how 20 little innocent kids could be murdered. we have more information about the shooter and family mystery. >> we do. before we get started let's look at the coverage of the tabloids here in new york city. america weeps. there is the president of the united states. he shed a couple of tears in the briefing room yesterday. slaughter of the innocence. and a picture you saw a lot of yesterday from the beup in newtown yesterday where a police officer leads those children single file out of sandy hook school. >> so many horrific elements to this story but i think the worst for me is the fact that there are 20 kids dead between the ages of 5 and 10 years old and as we learn more about the sho
but a cheeky memory, eric's place on the "ridiculist," that i promise you, is permanent. that's it for us. "early start" begins now. >>> the manhunt is the over. brand new video of the men arguing on the subway platform. "the new york post" cover that has the paper in hot water this morning. >> plus we have the 911 tapes and the alleged murder/suicide involving kansas city chiefs play er javon belcher. >>> and there's no plan to keep us from going over the fiscal cliff. broken record, broken record. i'm christine romans in today for john berman. >> and i'm zoraida sambolin. >>> up first, president obama standing his ground over the fight in the fiscal cliff. americans face crushing tax hikes and severe spending cuts in 27 days if democrats and republicans cannot come together on a deal. by the way, congress breaks for the holidays in ten days. slash that number. in an interview with bloomberg news, the president made it crystal clear he's not about to blink on the issue of tax hikes for the wealthiest americans. >> we'll have to see the rates on the top 2% go up. and we're not going to be
the rest from there. the lady goes on to say it's a quid pro quo give us the monny because we voted for you. the question, will the president offer any hint of a bailout, bailout help for deeroit today. will he address union anger at michigan's right to work legislation? this goes to the heart of government spending and the position of organized labor in president obama's second term. we're right there in michigan. let's go to facebook. weigh in on what's happening there. will detroit get a bailout and what do you think about the unions? will they win? good questions all. now, one of the worst blowouts in nfl history. seattle seahawks beat arizona cardinals 58-0. the cardinals threw four interceptions fumbled four times and gained 154 yards and seattle undefeated at home and then there's this. the new york giants scored only 52 points in the win over the new orleans saints. the star was the rookie and he returned the kick off for touchdown and all purpose yards and kept the giants in the lead. and major result for the economy. people having fewer babies, blaming the economy and one woman wh
to work. take a listen. >> it allows us not just to work within our own pg and e staff, but with first responders and have them on site working shoulder to shoulder. >> first responders on stand-by not just in california, but also in states of nevada are where they're expected to declare a state of emergency, possibly sunday. so much rain is going to fall in the next 12 hours or so, that they've handed out sandbags in places like reno, for example, where they expect to see heavy rains. also the river in nevada, that expected to flood by at least four foot in part. the national weather center also putting out a fresh flood warning for the napa river. they're saying the areas of saint helena and napa city itself could see the level of water rise above the 16-foot safety mark, not entire leisure just where exactly it could burst its banks. but emergency crews on stand-by for that. of course, continued travel disruption. san francisco airport delays of up to 30 to 90 minutes. but after that heavy rain hits overnight and heavy winds as well, those delays could go on for a lot longer. major
in my mobile or online banking. i just use my bank of america debit or credit card when i pay. and i get as much as 15% cash back -- put into my account. this is cash back on top of other rewards i already get. best of all -- it's free. happy holidays. [ male announcer ] introducing bankamerideals, free for online banking customers. sign in to your online banking to choose your deals today. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? ♪ >> gretchen: if you are just waking up it is 17 minutes past the top of the is it like a fire sale on america interest? china buying up u.s. companies on the cheap and we are paying interest on money we are borrowing from the communist company in the first place. a battery system is closed unless regalators stepped in. is it 123. >> it is a-123. >> gretchen: it went bankrupt. >> the judge holds an auction and a chinese company wins the auction and $256 mil
, and jamie dimon. look at that -- >> in addition we have jerry webb. make us all -- the rest of us feel -- >> we have one -- >> you're an economist or something? you play on to have -- you can think about the 12-12-12 thing in the meantime because you're good at math. >> yeah. all that stuff. >> all right. >>> as we move closer to the edge of the fiscal cliff, every move is being magnified by the markets. president obama and house speaker john boehner spoke by phone on tuesday, exchanging new proposals. the president gave boehner a revised offer on monday, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an exclusive interview with barbara walters of abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill in this town that re
a paycheck. fox news request asked you what you thought. >> brian: most of us want spending cuts . pen percent said the country has budget problems and in terms of tax increases only 20 percent say it is a good idea. what is note worthy for the republicans, when asked who is doing a better job negotiating, porpercent said president obama. >> gretchen: two points come to mind . fox news polls are not just of fox news viewers. theses of americans in general. that said majority of all americans believe that we have a spending problem. the second point is there is cognitive dissidents. michigan votes over whelming for president obama, and yet now it is it a right to work state. voters wanted that which tends to be a republican ideal. wait a minute, people voted for president obama and they believed his message to tax people more . but asked what is the real problem, they say spending . >> the president did win the election and get in the way back machine and take you to the first press congress. he said i got got reelect that moneys i have jack up the taxes. >> when it comes to the deficit
to save everybody. cliff robbins, thank you for being here. join us tomorrow, "squawk on the street" begins right now. >>> a government fractured, a market paralyzed, a call to action. as our nation careens to the fiscal cliff. cnbc's challenge to lawmakers to rise above partisan politics, seem compromise and find the solution. the clock is ticking down. the stakes are getting higher. now, we are turning up the pressure. this is a cnbc special report, "mission critical: rise above d.c." >> welcome back to our continuing coverage, mission critical: rise above d.c. we've been here all morning long. while we've been here on capitol hill, we've been talking to lawmakers about rising above gridlock and reaching a real deal on the fiscal cliff. in the last hour we sat down with grover norquist saying no one should strike a bad deal, and that there is no better reason to raise taxes now than there was in the past. he also added he thinks house speaker boehner has been a good leader during the fiscal cliff negotiations. and then we were joined by bob corker and bob conrad. corker said we ne
. make sure to join us tomorrow. that's it for us. "squawk on the street" is next. >>> all right. with that, good morning. welcome to "squawk on the street." live at the nyse. we'll continue to monitor what jamie dimon does at the deal mark conference. we await the federal reserve statement, and news conference in just a few hours. as for europe, some green arrows, despite a miss in the eurozone in production this morning. >> the road map starts this morning with, of course, the fed. expectations for revamped bond buying program. what will the economic forecast say about next year and what to make of the "wall street journal" story that says academics are driving monetary policy at secret dinners in switzer land. >> more counteroffers in the debt negotiations. it looks like corporate taxes are part of the deductions. >> costco beats by 2 cents, better sales and better sales and membership fees. >> some more reports about apple tv today. the journal said it's designing a high -- new high-resolution set. microsoft trying to widen the list of retailers that will carry the surface ta
cooperman, he's going to join us on set starting at 7:00 eastern time. then at 8:00 eastern, we have black op co-founder and ceo ralph schlosstein. and lynn hutchins will join us. we'll talk about what they see playing out and what they think is working when it comes to the markets now. >> the bill that the president says is in the house that he will sign if -- that's in the senate -- >> the senate. >> the senate that he will sign if the house passes it is what? >> that is $. >> -- that is 250? >> 250? >> he said 400. he said, i have the pen, let's keep tax rates where they are for everyone at 250 and below. so this one, that's c these guys are pretty clever because that would keep rates where they are for everyone at a million and below. no middle-class taxpayers up to a million dollars -- >> that's no matter what, isn't it, in either bill? >>yon r -- i think it would be the same in either one. that's not -- what reid and i guess pelosi, you saw that, said she opposes the million-dollar thing. a lot of people if back on what they say. the difference would be that one is 250 and below, and
of those things when ambassador john bolton joins us next. >> would you run in to a fire to help people in a burning car? wait until you see how they saved their life. >> marthsa stewart had a great tip. us the left hand to spread the turkey leg and right hand to reach in and remove. i am sorry that is the airport pat town. ♪ ♪ ♪ ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the coughequences™. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, evertime. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpn pie. and apple. 3% back on 4 trips to the airport. it's as easy as.. -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. share "not even clos
to be joining us exclusively this hour. here's why you have listened to him. is he keeping up pace in the new year and what part of his business is doing better. david: we have a very busy hour coming up, but what drove the market with the "data download." stocks pushing higher today at hopes they're moving higher to a debt deal. all three major indices posting gains with the dow and the nasdaq with a three session winning streak or adding onto that three session winning streak. financials and consumer discretionary for the top performing sectors while consumer staples like. falling for the lowest prices in five months have yet to spur demand. prices are down nearly 7% so far this month following the u.s. department of agriculture decision to cut the greens demand forecast. fact activity in new york state declining for the fifth month in a row in december as new orders dropped in the labor market remains weak. the new york fed empire state index falling into negative 8.1 from negative 5.2 in november. liz: we have larry in the pits of the chicago mercantile exchange. he will let us know about
. >>> and bracing for draco. the named winter storm is moving across the u.s., slamming a dozen states already and threatening to disrupt holiday travel in many, many more. it's thursday, december 20th. we've got one day left. enjoy. and "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. andrew, welcome back. i hope you're feeling better. >> thank you. i had a little bit of a stomach bug. >> we're all a little sick around the table here. >> i know. it's a little -- i feel like weak, you know when your bones feel a little something? you had that, joe, two weeks ago, right? >> exactly what you had. you didn't -- you remember -- i remember bridesmaids, right? i'm not sure what all that came out of. i had both going. you didn't have both going? you are the just -- you were hurling. >> i was, i was. in the middle of the night. i had to send an e-mail to the producers. >> it's very weird. it's not even a 24-hour thing. >> no, i will say it was going by when the show was still going on. >> we h
's take a look at the u.s. futures set up for the open first of the week. dow looking at about 50 points right after the open. as for the action in europe, taking its cues from the united states. we'll see a big rally in china extending one of its biggest rallies in three years. we have a mixed bag in europe with italy up by about .2 of 1%. >> we'll do our best to keep focused on the business day. we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionaires. could this be the tipping point. moving the talks beyond deadlock. >> a big week for earnings. yes,
investors. i think they will put money there. dagen: how it now use inflation, do you think we are maybe even closer to a serious, serious pop up and long-term interest rates? >> i think the fed, by virtue of doing what it did, has a lot more ambiguity in the policy it when they will exit. for instance, the forward looking expectation on inflation on 2.5%, as being a policy guide, if it gets to 4%, the fed does not do anything, the expectation is it will come back down to 2.5. all of these questions are completely out there to be answered as the events occur. at the same time, they took the certainty of short-term rates staying at these low levels until 2015 off the table. the market -- dagen: what if on a planet 6.5% in the next year? >> i did not like what the fed did in a statement. it raises a lot more uncertainty. dagen: the fixed income guy who likes stocks. good to see you, stop. be well. connell: the gop needs to play hardball. >> every indication is that speaker dinner and the republicans need to go down the road of higher tax hikes. you do not go she and public. you do not play
on the topic. we're taking it live. david: you know who will take that. melissa francis who takes it from us live. melissa: we start tonight with breaking news. it has been a tumultuous day in washington. both sides apparently in a total deadlock in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any moment here. and with a preview we have fox businesses peter barnes. he is at the white house. peter what do we expect to hear? >> well, melissa, right now the president is finishing up on meeting with senate democratic leader harry reid who came down here to try to talk with the president with some strategy moving forward to avert the fiscal cliff. we expect the president to say that he still wants to get a deal with republicans to do that. that is still going to be time. however, that they will have to do it after the christmass3 holiday. the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th
♪ just like the ones that i used to know ♪ ♪ honey, it's where the tree tops, tree tops glisten ♪ ♪ and little bitty, little bitty, little bitty children, they're trying to listen ♪ ♪ to hear, hear for the sleigh bells that are ringing in the snow ♪ ♪ i wanna tell you one more time what i'm thinking about ♪ ♪ imus, imus, imus in the morning ♪ >> moments ago the new york stock exchange observed a moment of silence following the events in connecticut last friday. it was a somber moment in the financial world. ten minutes from now, trading will begin and these are the stories which we will concentrate on this monday morning. speaker boehner says, go ahead, raise tax rates on millionaires, that's a retreat. it's a new offer from john boehner, a higher tax rate on incomes over a million a year. gas prices really falling fast. in the whole state of missouri the average is 2.94. nine states are within a few cents of breaking below $3 a gallon. and yes, it's the monday after the connecticut shooting and father jonathan morris is here for "varney & company." scuba divi
but affect us, as lois, maybe even stop us. good for the soul, iguess, but not necessarily good for retailers. with me now, the wall street journal's steve more. spell it out. what -- and i know you monitor these sales numbers by the minute. what ffect so far? >> the fallen angels in connecticut will move the area, the country, the world to more compassion, caring, working, harder to help each other. it will be like a september september 11th effect, eggs and much more profound. so people we will shift from conspicuous consumption to giving more to churches and synagogues and spiritual institutions and give more to communities instead of shoppers shopping f their own homes, there will be giving the money to habitat for humanity. instead of shopping for themselves, they will be giving the institutions that help e communities tat are so broke and underfunded. neil: have you seen evidence of that, reported chips? >> right afte hurricane sandy when we were all thanksgiving day and night working our way through wal-mart's across the country. people were buying one big gift, but for somebody else.
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